Redemption of options
TOMRA has in accordance with proxy given at the Annual General Meeting 21 April
2010, exercised 136,676 options under the Group`s option program 2005-2010 for
The redemption has been settled with cash, where the difference between today`s
closing price of NOK 41.00 and the strikeprice of NOK 33.30 has been paid out,
in total NOK 1,047,785.
In addition, 600 options under the same program have been settled with treasury
The redemption will not have any P/L-impact, as the Group accounts for the
option program in accordance with IFRS 2, where the calculated market value for
the options is expensed over the vesting period.
After these transactions, all options under Tomras share option programs have
Shares to employees
As part of TOMRA's share purchase program for employees, approved by the Annual
General Meeting 21 April 2010, TOMRA has today sold 136,014 shares at a price
equal to today's closing market share price, i.e. NOK 41.00. Employees who keep
their shares for one year will receive one share per five shares invested today,
i.e. a discount of 16.67%.
In addition employees participating in last years' share purchase program have
today been allotted 14,594 shares. This equals 1 bonus share per 5 shares
invested in 2010.
The following primary insiders have purchased and been allotted shares:
After these transactions TOMRA holds 133,309 treasury shares.
For further information please contact CFO Espen Gundersen, telephone
+47 97 68 73 01.